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Translations for „paper currency“ in the English » German Dictionary (Go to German » English)

paper currency N FINMKT

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
Following defeat in war the conquering country or faction may not accept paper currency of the vanquished, and the paper becomes worthless.
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Fractional reserve lending depended on low demand to redeem the paper currency.
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Therefore, this type of paper currency was intended to represent actual gold coinage.
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The paper currency issued by state-chartered banks had to be redeemable.
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Being the first government to have any sort of paper currency, foreigners understood nothing about it, and some even considered it a form of magic.
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Its pronouncement on use of paper currency also stands out.
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Some of these evils were inflated paper currency and wildcat banking.
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Paper currency in the form of banknotes was issued by privately owned banks; the notes being redeemable for specie at the bank's office.
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A paper currency had been instituted, and the notes, known as bluebacks, soon dropped to less than half their nominal value.
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Much of the proceeds were paid in paper currency instead of gold or silver.
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